M.M The Objectives of Public Joint-Stock Companies in Light of Kuwaiti Companies Law and Islamic Shaia

Abstract

This research deals with the subject of the objectives of public joint-stock companies in light of Kuwaiti companies law and Islamic jurisprudence. It is done by showing the extent of the connection of Sharia objectives to the work of joint-stock companies, and consequently the impact of objectives on the reality of investment development through the interests of the individual and the interests of the group, and talking about the impact of the objective of preserving money in the joint-stock company, considering the aspect of existence and the aspect of nonexistence.

In his study, the researcher used the inductive approach to deduce the objectives of Sharia specific to joint stock companies, then the descriptive approach to describe the nature of the work of Sharia objectives in the public joint stock company, and to show the extent of Sharia’s interest in the aspect of public joint stock companies, then the analytical approach that aims to analyze this interest and the return from it, comparing between Islamic jurisprudence and Kuwaiti companies law.

One of the most prominent results of the study is that the effect of the purpose of preserving money in the joint stock companies system is apparent in its articles in terms of preserving the beginning and end.

This research deals with the subject of the objectives of public joint-stock companies in light of Kuwaiti companies law and Islamic jurisprudence. It is done by showing the extent of the connection of Sharia objectives to the work of joint-stock companies, and consequently the impact of objectives on the reality of investment development through the interests of the individual and the interests of the group, and talking about the impact of the objective of preserving money in the joint-stock company, considering the aspect of existence and the aspect of nonexistence.

In his study, the researcher used the inductive approach to deduce the objectives of Sharia specific to joint stock companies, then the descriptive approach to describe the nature of the work of Sharia objectives in the public joint stock company, and to show the extent of Sharia’s interest in the aspect of public joint stock companies, then the analytical approach that aims to analyze this interest and the return from it, comparing between Islamic jurisprudence and Kuwaiti companies law.

One of the most prominent results of the study is that the effect of the purpose of preserving money in the joint stock companies system is apparent in its articles in terms of preserving the beginning and end.